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Companies

New DG of COGELO promises to revive company

For his part, the chief of staff of the minister responsible for the budget, Sylvain Lekaka, reminded the new director of Cogelo of the missions incumbent on him. “You’re going...
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BW Energy Gabon develops a jack-up on the Hibiscus / Beehive field

A jack-up is a type of movable platform that consists of a floating hull with a number of movable legs, capable of raising its hull above the sea surface. "The...
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Gabon: BGFIBank Europe rated AA + by Bloomfield Investment Corporation

These commercial actions are also supported by the strengthening of the risk management framework, through the development and regular updating of a risk appetite policy and risk mapping, which have...
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ARPCE and ARPTC strengthen cooperation on Electronic communication in Congo and the DRC

On this subject, the experts of the two countries meeting earlier before the signing of the memorandum of understanding presented the situation which boils down to several difficulties in the...
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Mobile Money: merchants demand higher commissions

“It is utter desolation. Since June 2019, a unilateral reduction in commissions relating to transactions via MTN mobile money has been observed. Commissions increased from 1 to 0.7% for deposits,...
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UBA registers 21% profit drop in 1st semester of 2020

Despite an increase in net banking income, United Bank for Africa had to cope with an increase in its personnel costs. A situation which seems to result from a certain...
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Cameroonian raises 1.3 billion FCFA to develop his start-up Healthlane

The particularity of the application is that it combines remote medical services and those in the field. This combination brings together a wide variety of customers including individuals, doctors, pharmacists...
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COTCO and TOTCO invest over 767 million FCFA on Social responsibility actions

In the area of ​​community health, we note "the continuation of the program to reduce mortality due to snakebites in Touboro and in the Chadian province of Logone Oriental through...
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Cameroon consortium KPMO to invest over 1500 billion FCFA to exploit the mineral platform of the Kribi port

The consortium's investment envisages the construction of an ore terminal includes the construction of 2 berths of 350 m each, with an evacuation capacity of more than 100 million tonnes...
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MTN Group promotes wearing a mask in new campaign to stop propagation of Covid-19

“Wearing masks is seen today as the most effective preventative measure to slow the spread of the virus and protect others. MTN, as a responsible corporate citizen wants to contribute...
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Equatorial Guinea’s National Bank given permission to operate in Cameroon

"The aforementioned authorization is granted to the company BANGE Bank Cameroon SA to practice in the banking sector, in strict compliance with the laws and regulations in force", specifies the...
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Christophe Eken begins 4th term at Cameroon’s Chamber of Commerce, Mines, Industries and Craft

Economic operator, promoter of projects in the cassava processing sector, Christophe Eken thus begins his 4th consecutive mandate at the head of CCIMA after elections were held last month.
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United Bank for Africa Provides $200 Million for Nigeria’s Petroleum Industry – Timely Financing for Post COVID Economic Growth

Both facilities will be repaid from an allocation of 30,000 barrels per day of NPDC’s crude oil. UBA has a strong track record in the resources sector across Africa, having...
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TOTAL Gabon sell oil wells to Perenco

Perenco will pay between $ 290 million and $ 350 million (over CFA 162 and 195 billion), depending on future Brent prices. However, nothing has been decided yet as the...
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